Call reports 2008
GATEWAY BANK OF FLORIDA — 2008
What GATEWAY BANK OF FLORIDA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 135,032,000 | 136,383,000 | 135,392,000 | 154,597,000 |
| Total loans | 105,407,000 | 108,688,000 | 111,966,000 | 114,399,000 |
| Allowance for loan losses | 1,393,000 | 1,479,000 | 1,582,000 | 1,967,000 |
| Securities available for sale | 15,347,000 | 14,306,000 | 14,159,000 | 30,473,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,678,000 | 120,372,000 | 117,980,000 | 115,762,000 |
| Interest-bearing deposits | 111,775,000 | 110,625,000 | 107,846,000 | 110,738,000 |
| Noninterest-bearing deposits | 6,903,000 | 9,747,000 | 10,134,000 | 5,024,000 |
| Equity capital | 14,743,000 | 14,457,000 | 14,625,000 | 14,963,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,992,000 | 3,983,000 | 5,985,000 | 8,054,000 |
| Interest expense | 1,095,000 | 2,072,000 | 3,128,000 | 4,142,000 |
| Net interest income | 897,000 | 1,911,000 | 2,857,000 | 3,912,000 |
| Noninterest income | 27,000 | 41,000 | 54,000 | 110,000 |
| Noninterest expense | 924,000 | 1,847,000 | 2,700,000 | 3,319,000 |
| Provision for loan losses | 98,000 | 184,000 | 288,000 | 887,000 |
| Pretax income | -98,000 | -79,000 | -77,000 | -121,000 |
| Income tax | -30,000 | -19,000 | -20,000 | -34,000 |
| Net income | -68,000 | -60,000 | -57,000 | -87,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,603,000 | 14,055,000 | 14,159,000 | 14,368,000 |
| Total capital | 15,984,000 | 15,474,000 | 15,614,000 | 15,911,000 |
| Risk-weighted assets | 110,474,000 | 113,544,000 | 116,248,000 | 123,045,000 |